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China’s central bank keeps benchmark rate unchanged

2 years ago
in Parenting
Reading Time: 1 min read


China’s central bank kept its benchmark loan prime rate unchanged on Wednesday.

The one-year LPR remained at 3.85% and five-year LPR at 4.65%, the People’s Bank of China said.

The last time the central bank cut the LPR was April last year when the economy was hit by the pandemic shock.

Central…

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